Liberum Capital Initiates Coverage on Boohoo.Com PLC (BOO)
Research analysts at Liberum Capital assumed coverage on shares of Boohoo.Com PLC (LON:BOO) in a research report issued to clients and investors on Tuesday, Market Beat Ratings reports. The firm set a “buy” rating and a GBX 55 ($0.79) price target on the stock. Liberum Capital’s price objective points to a potential upside of 37.50% from the stock’s previous close.
A number of other equities research analysts have also recently issued reports on the company. Barclays restated an “overweight” rating and set a GBX 45 ($0.65) price objective on shares of Boohoo.Com PLC in a report on Wednesday, January 20th. Beaufort Securities restated a “buy” rating on shares of Boohoo.Com PLC in a report on Wednesday, January 13th. Peel Hunt boosted their price objective on Boohoo.Com PLC from GBX 40 ($0.58) to GBX 50 ($0.72) and gave the stock a “buy” rating in a report on Tuesday, January 12th. Investec restated a “buy” rating and set a GBX 46 ($0.66) price objective on shares of Boohoo.Com PLC in a report on Monday, January 11th. Finally, Panmure Gordon cut Boohoo.Com PLC to a “hold” rating and boosted their price objective for the stock from GBX 32 ($0.46) to GBX 35 ($0.50) in a report on Friday, January 8th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 44.22 ($0.64).
Boohoo.Com PLC (LON:BOO) opened at 39.9410 on Tuesday. The firm has a 50-day moving average price of GBX 37.05 and a 200-day moving average price of GBX 33.64. The company’s market capitalization is GBX 448.59 million. Boohoo.Com PLC has a 12 month low of GBX 22.61 and a 12 month high of GBX 40.50.
boohoo.com plc is a United Kingdom-based holding company of Wasabi Frog, which trades as boohoo.com. The Company is an online own brand fashion retailer. It designs, sources, markets and sells own brand clothing, shoes and accessories through its Website. It has a presence in United Kingdom, Ireland and Australia and sells products into over 100 countries. It operates through English, French and Spanish language Websites and it cater to 16-24 year old consumers.
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